What are at least two things athlete shown for the first few minute

At the beginning of the current season on April 1, the ledger of Kokott Pro Shop showed Cash $3,800; Inventory $4,300; and Commo

KIM [24]

Answer:

Explanation:

1. Journal entries for the month of April 2017

Apr.5

Dr Inventory 1300

Cr Accounts Payable 1300

(Purchase of goods on account from Hogan)

Apr.5

Dr Inventory 50

Cr Cash 50

(Freight charges on purchases)

Apr.9

Dr Accounts Payable 100

Cr Inventory 100

(Credit received for returned goods from Hogan)

Apr.10

Dr Accounts Receivable 880

Cr Sales 880

(Sales of goods on account)

Apr.12

Dr Inventory 750

Cr Accounts Payable 750

(Purchase of goods on account from Duffer)

Apr.14

Dr Accounts Payable 1200

Cr Cash 1176

Cr Inventory 24

(Payment made to Hogan in full)

Apr.17

Dr Accounts Payable 50

Cr Inventory 50

(Credit received for returned goods from Duffer)

Apr.20

Dr Accounts Receivable 880

Cr Sales 880

(Sales of goods on account)

Apr.21

Dr Accounts Payable 700

Cr Cash 693

Cr Inventory 7

(Payment made to Duffer in full)

Apr.27

Dr Sales 30

Cr Accounts Receivable 30

(Credit granted to customers for flaws in goods)

Apr.30

Dr Cash 850

Cr Accounts Receivable 850

(Payment received from custmers on account)

2. T accounts calculation is attached with this answer

3. KOKOTT PRO SHOP

Trial balance as at April 30, 2017

Account Debit Credit

Cash 2731

Accounts Receivable 6219

Inventory 880

Common Stock 8100

Sales 1730

T o t a l 9830 9830

4. KOKOTT PRO SHOP

Income statement for the month ending April 30, 2017

Sales Revenue 1730

Cost of goods sold (6,219 - 5,469) 750

Gross profit 980

Download xlsx

3 0

3 years ago

What are the types of experiences, especially staffing-related ones, that an organization will be likely to have if it does not

lisov135 [29]

Answer and Explanation:

There are various types of experiences that in case when the organization does not engage in HR and staffing planning which are as follows

1. Employees in shortage capacity

2. In shortage of skills

3. Lacking of motivation skills

4. Inflexible working environment

5. Inadequate workforce, etc

These types of experiences the organization is facing if it is not engaged with the HR and the staffing planning

3 0

3 years ago

Marvin Corporation has the following information reported on the balance sheet as of December 31, 2017 Common Stock, $10 par val

SCORPION-xisa [38]

Answer:

How many shares of common stock are outstanding?

C. 3,000

Explanation:

Treasury stock, are those that the company repurchase from the market and keep it in the company, in this case the company keep the shares in the accounting and the shares could be reissued in the future.

The company issued 9,000 shares, it is reflected in the Common Stock account, $90.000 / $10 = 9,000.

Then in the Treasury Stock account are registered the shares that the company repurchases from the market, these are, 6,000 shares.

Finally the total Common Shares outstanding are 3,000.

3 0

3 years ago

Select three aspects that must be considered when analyzing assets.

serious [3.7K]

Answer:

Explanation:

Living expenses

Income

Financial plan

3 0

2 years ago

When managers are evaluated on residual income, rather than on return on investment (ROI), they will be______(more/less) likely

anygoal [31]

When managers are evaluated on residual income, rather than on return on investment (ROI), they will be more likely to pursue projects that will benefit the entire company.

Explanation:

The most rising profitable formula is return on investments or ROI. There are several methods of calculating ROI, but dividing net income by total assets is the most common process.

If you have $100,000 net profits and $300,000 in cash, the ROI is $300,000. Thirty-three or three percent.

Due to its flexibility and simplicity, ROI is a common metric. In general, ROI can be used as a basic measure of the viability of an project. It may be the ROI for a capital sale, a company's ROI for an extension of a factory or ROI for an immobilisation operation.

4 0

3 years ago